by Jason Hommel, July 10, 2009 A reader asks: “Are defaults deflationary? When borrowers default on loans, does not the currency disappear in the same manner that it appeared?” I answer: That’s the…
Tag: Articles
The first steps to hyper-inflation
Not for the first time the Financial Times says we are “nuts” – a word which all too often follows on from “gold” in the financial media. I should rise above this…
Is Avoiding Income Tax Moral?
The question of income tax is a thorny one. On one hand everybody hates it, but on the other, no one seriously considers challenging it. It’s like gravity. We simply accept it…
Five Nations Plan To Ditch the Dollar
By Annie Lowrey ForeignPolicy.com Tuesday, April 7th, 2009 CHINA What? A global “supercurrency” to supplant the dollar The details: Last month, the governor of China’s central bank, Zhou Xiaochuan, sent shock…
Exposing Three Myths of Deflation and Recession
This article is part of a syndicated series about deflation from market analyst Robert Prechter, the world’s foremost expert on and proponent of the deflationary scenario. For more on deflation and how…
Ponzi Schemes and HYIPS – Free Money Traps
By Pharaoh Source: http://www.forexpeacearmy.com/forex-forum/forex-basics-boot-camp/3959-ponzi-schemes-hyips-free-money-traps.html With the collapse of Bernard Madoff’s 50 billion dollar investment fund, Ponzi schemes are very much in the news. Recently, the FPA investigated CRE Capitol Corporation and the…